1927 Marine Way
Marine Way, New Westminister, New Westminster, BC, V3M 2E4
Quick Summary
Quick Summary
- Opportunity to acquire lots for condo redevelopment
- Sold with 1923 Marine Way
- Near 22nd Street Skytrain station
- Favorable price per buildable for redevelopment
- Inclusionary Housing Policy applies
- Buyer to verify details with City
- Can develop at 2.5 FSR
Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. This property is sold in conjunction with 1923 Marine Way. The purpose of the Inclusionary Housing Policy is to help meet the City's affordable rental housing needs by securing built below-market and non-market rental units in new... Show More
Developers alert! Opportunity to acquire 2 or more lots for redevelopment of a 6-storey condo development. This property is sold in conjunction with 1923 Marine Way. The purpose of the Inclusionary Housing Policy is to help meet the City's affordable rental housing needs by securing built below-market and non-market rental units in new multi-unit strata residential and mixed-use residential developments seeking additional density. Buyer to verify with the City. This site is conveniently located near the 22nd Street Skytrain station. With the asking price and a development at 2.5 FSR, the price per buildable sets this at a favorable number for redevelopment. (id:54626)
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